Closing Average Price definition

Closing Average Price means, with respect to a company, the average closing price per share of the company’s common stock on the Nasdaq market on which such common stock is listed for the thirty (30) calendar day period immediately preceding the last day of the Performance Period (inclusive of such last day).
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Closing Average Price means the twenty-(20) day trailing average of the closing price per share of Company Common Stock for the period ending of the last day of each Company Fiscal Quarter during the Vesting Window.
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Closing Average Price means the average closing price per share of Company Common Stock for the 30 consecutive trading days prior to and including March 30, 2018.
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Examples of Closing Average Price in a sentence

  • By way of example only, if the Final AP Settlement Statement indicates that the Company has obtained an aggregate dollar value reduction in the Accounts Payable of $400,000, it shall be entitled to receive that number of shares of Buyer Common Stock equal to $400,000 divided by the Closing Average Price.

  • In the event the Closing Average Price of $18.00; $20.00 and $22.00 is not achieved during the Vesting Window, then all Shares subject to the PCSU shall be forfeited.

  • If the Company's total stockholders' equity on the Projected Closing Date Balance Sheet is less than the amount reflected on the June 30, 1996 balance sheet, the Exchange Ratio shall be decreased by the quotient obtained by dividing (x) such shortfall divided by the Closing Average Price by (y) the number of shares of Company Common Stock used in calculating the Exchange Ratio in Section 17(a).

  • The consideration payable in respect of each share of Reliant Series E Preferred Stock shall be paid in a combination of cash and shares of Thermage Common Stock on a pro rata basis with all other recipients of the Total Consideration, with each share of Thermage Common Stock valued at the Closing Average Price.

  • The "Series B Preference Shares" shall mean the quotient obtained by dividing (x) the product of $3.563 multiplied by the Aggregate Series B Number (as defined below), by (y) the Parent Closing Average Price Per Share (as defined below).

  • The consideration payable in respect of each share of Reliant Common Stock shall be paid in a combination of cash and shares of Thermage Common Stock on a pro rata basis with all other recipients of the Total Consideration, with each share of Thermage Common Stock valued at the Closing Average Price.

  • If the Closing Average Price represents a decrease of less than ten percent (10%) per share or an increase from the Signing Average Price, the number of shares of Purchaser Common Stock to be issued hereunder shall be as originally calculated using the Signing Average Price.

  • In the event the amount of the Company's total stockholders' equity reflected in the Projected Closing Date Balance Sheet is less than the amount of total stockholders' equity in the Final Closing Date Balance Sheet by more than $50,000, the Parent shall issue to the Company's stockholders (on a pro rata basis) that number of shares of Parent Common Stock equal to the quotient of the amount of such deficiency divided by the Closing Average Price.

  • For the purposes of this Agreement and the Escrow Agreement, Escrow Shares will be deemed to have a per share value equal to the Concur Closing Average Price Per Share (such price to be subject to adjustment to reflect to reflect any Capital Change of the type referred to in Section 2.3, whether occurring at or after the Effective Time, and Concur shall promptly provide the Escrow Agent with written notice of such capital change) as provided in the Escrow Agreement.

  • If the Closing Average Price during Vesting Window 1 is less than the Vesting Window 1 Price Threshold, then no shares shall vest following the end of Vesting Window 1, but the Vesting Window 1 Shares shall be subject to possible vesting following the end of Vesting Window 2 as described below.


More Definitions of Closing Average Price

Closing Average Price means the average of the per share closing sale prices of Parent Stock on the NASDAQ National Market as reported in the Wall Street Journal for the ten consecutive Trading Days ending with the second to last Trading Day prior to the Closing Date.
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Closing Average Price means the closing price per share for First Place Common Stock on the Nasdaq Stock Market for the ten consecutive Nasdaq trading day period ending on the day immediately preceding the Closing Date. Within ten (10) business days after the Election Deadline, the Exchange Agent shall effect the allocation among holders of Northern Common Stock of rights to receive First Place Common Stock or cash in the Merger in accordance with the Election Forms as follows:
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Closing Average Price has the meaning given in Section 2.03(c).
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Closing Average Price means the highest average closing price per share of Company Common Stock for any period of 60 consecutive trading days during the applicable period(s). “Compound Annual Growth Rate” shall be calculated pursuant to the following formula: Starting Stock Price * (1 + Rate) ^ (Days from Grant/365) = End Stock Price, where “Starting Stock Price” is $24.3588
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Related to Closing Average Price

  • Closing Average Share Value means the average, over the trading days in the Closing Average Period, of the closing price of the company’s stock multiplied by the Accumulated Shares for each trading day during the Closing Average Period.

  • Average Price means the average closing price of a share of the Substitute Common Stock for the one year immediately preceding the consolidation, merger or sale in question, but in no event higher than the closing price of the shares of Substitute Common Stock on the day preceding such consolidation, merger or sale; provided that if Issuer is the issuer of the Substitute Option, the Average Price shall be computed with respect to a share of common stock issued by the person merging into Issuer or by any company which controls or is controlled by such person, as the Holder may elect.

  • Average Closing Price means the average of the closing market prices of a Share over the last five (5) Market Days on which the Shares are transacted on the SGX-ST or, as the case may be, such securities exchange on which the Shares are listed or quoted, immediately preceding the date of the Market Purchase by the Company or, as the case may be, the date of the making of the offer pursuant to the Off-Market Purchase, and deemed to be adjusted, in accordance with the rules of the SGX-ST, for any corporate action that occurs after the relevant five-day period; and

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest Closing Bid Price and the lowest closing ask price of any of the market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 11 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Average Sale Price means the average of the Sale Prices of the Common Stock for the shorter of